Standard & Poor's Initiates Factual Stock Report Coverage on Petrolia, Inc.

NEW YORK--(BUSINESS WIRE)--Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Petrolia, Inc.

Petrolia Inc. (TXV: PEA) is an oil and gas exploration company that holds interests in various exploration permits in Quebec, Canada. The company is conducting most of its activities in the Gaspe area and on Anticosti Island.

Petrolia owns interests in oil and gas licenses covering 15,000 square kilometers (3.7 million acres).

The Gaspe Property is located in the eastern part of the Gaspe region. The presence of petroleum is confirmed both by surface seeps and by shows found during drilling. Moreover, several types of reservoir have been identified at depth and on surface. Petrolia is focusing its attention on three areas of the Gaspe Property: the Haldimand Project; the Bourque Project; and the Haldimand-Extension Project.

In August 2008, Petrolia reported that one of its main objectives during the quarter ended Sept. 30, 2008, would be to carry out, with its partners, the necessary work to bring the Petrolia-Haldimand No. 1 well into production as quickly as possible. The agreement signed on May 6, 2008, provides a budget of C$5 million to undertake a program to develop the Haldimand field. The company also planned to initiate exploration work such as drilling, seismic surveys and geochemical surveys to advance the projects highlighted by Petrolia and its partners; and to sign new agreements with partners to accelerate exploration programs aimed at assessing its permit area.

This report will also be accessible on an ongoing basis to the investment community ---- scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts.

About Standard & Poor's Factual Stock Reports

This Standard & Poor’s service provides factual research coverage enabling information about Petrolia, Inc. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 1,000 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.

Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.

Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage.

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